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4. Inventory at the end of December 2019 was 200 bags of fine rice @ Re.212 25 per bag. On 31 Jan 2020 the inventory

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4. Inventory at the end of December 2019 was 200 bags of fine rice @ Re.212 25 per bag. On 31" Jan 2020 the inventory was 1200 bags From the following purchases made during January 2020, calculate the value of inventory on 31" January 2020 according to (2) FIFO, (b) LIFO and (@) WAM Jan 3 400 bags @ Rs.218.00 per bag Jan 10 900 bags @ Rs.223.50 per bag Jan 15 400 bags a RE.220.00 per bag Jan 28 700 bags @ RE.213.00 per bag Jan 30 300 bags @ Rs.224.00 per bag

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